COTY trade update long
COTY together with its subsidiaries, manufactures, markets, distributes, and sells beauty products worldwide. The company operates in three segments: Luxury, Consumer Beauty, and Professional Beauty and has 9.49B market cap.
Recently they bought 51% stake in Kylie Cosmetics, Kylie Jenner’s beauty company. Stock expected to continue rising.
Downtrend line tested 3rd time on the news release of the purchase and confirmed. Going into wave 3, buy the break of resistance and trend line.
Early entry possible is we make a low again before the spike with best risk-reward.
Good Luck!
Recently they bought 51% stake in Kylie Cosmetics, Kylie Jenner’s beauty company. Stock expected to continue rising.
Downtrend line tested 3rd time on the news release of the purchase and confirmed. Going into wave 3, buy the break of resistance and trend line.
Early entry possible is we make a low again before the spike with best risk-reward.
Good Luck!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.